Bitcoin Futures - page 2. | Bitcointalksearch.org

The Sceptical Chymist

legendary

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Quote from: Geemy on September 27, 2018, 09:36:43 AM

price stays at $ 6,000 This price is fixed over the past six months but I expect from my point of view that the price will rise to reach the end of this year to unprecedented prices

Yeah yeah yeah, I've been hearing that for a year now, and meanwhile bitcoin has been stalled all the while. Not that it's stalled at a really bad level, because it isn't. $6400 is pretty damn good IMO.

I don't know what OP is talking about as far as "bitcoin futures" goes. As far as I know, there isn't a futures market in bitcoin. There's a proposed ETF, but that's a different beast altogether. If there actually was btc futures, you could be pretty much guaranteed we wouldn't be stalled at any price. The market would be moving like gangbusters.

exstasie

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Quote from: CryptoHaris on September 27, 2018, 07:46:11 AM

Keeping in mind the SECs verdict due in a couple of days, I really wish to understand how Bitcoin Futures stand to assuage any negative impact from the SECs decision.

Quoted from the article-

Quote

The physical crypto futures is designed to attract investment from institutional investors, who have so far stayed away from the market. Bakkt, notwithstanding, promises a “regulated ecosystem” where investors can invest in cryptocurrency product.

What verdict would that be? There was a September 30th deadline, but the SEC already delayed that decision, possibly until February next year. They apparently want more input from the public. So I'm not worried about any negative impact from the SECs decision. That's already priced in for the foreseeable future.

As for the effect of Bakkt on the market........the jury is out. It's hard to know just how interested institutions are in this market. Since these are deliverable futures, they could definitely affect the spot market if demand for them is high.

usekevin

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Quote from: reflector on September 27, 2018, 12:36:55 PM

Quote from: 1NV3ST0NM3 on September 27, 2018, 10:10:52 AM

Quote from: dothebeats on September 27, 2018, 08:13:30 AM

The blows against futures and ETFs have been present for the last couple of months, and amazingly, bitcoin and the economy kept a sturdy stance against it. Right now, the Bakkt Futures might not be accepted by the SEC, and knowing how the market reacts to such news, this will just be another short-term blow without any severe damage for the cryptocurrency market. It will bleed, yes, but not profusely.

https://coinidol.com/us-sec-demands-further-comments-on-cboe-verdict-on-bitcoin-etf/

Price drops after this verdict or some other reasons, can't be said with full surety.

The price rise is not really expected in near future. But you never know, for the crypto market is very volatile. And such kind of fuds have a strong bearing on this market, so cannot predict anything.

This bearish market is unexpectedly happen so near future waiting for some huge pump. But many peoples are don't believe my words now we need proof only then only all are believe the Bitcoin potential. In crypto community everyone know future possibilities of Bitcoin is hard predict then how was you said it will going down trend in future market. I hope Bitcoin is going to peak im end of the year.

You are right. All will accept only the things with some proof. Unluckily the price of bitcoin is below 7000$ .And this is maybe due to decentralised behaviour of bitcoin.I had huge believe in the potential of bitcoin . And waiting for the next pump in the price of bitcoin.Incase ,the price of bitcoin reached the moon. At that time,I will sell my holiding bitcoin.

reflector

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Quote from: 1NV3ST0NM3 on September 27, 2018, 10:10:52 AM

Quote from: dothebeats on September 27, 2018, 08:13:30 AM

The blows against futures and ETFs have been present for the last couple of months, and amazingly, bitcoin and the economy kept a sturdy stance against it. Right now, the Bakkt Futures might not be accepted by the SEC, and knowing how the market reacts to such news, this will just be another short-term blow without any severe damage for the cryptocurrency market. It will bleed, yes, but not profusely.

https://coinidol.com/us-sec-demands-further-comments-on-cboe-verdict-on-bitcoin-etf/

Price drops after this verdict or some other reasons, can't be said with full surety.

The price rise is not really expected in near future. But you never know, for the crypto market is very volatile. And such kind of fuds have a strong bearing on this market, so cannot predict anything.

This bearish market is unexpectedly happen so near future waiting for some huge pump. But many peoples are don't believe my words now we need proof only then only all are believe the Bitcoin potential. In crypto community everyone know future possibilities of Bitcoin is hard predict then how was you said it will going down trend in future market. I hope Bitcoin is going to peak im end of the year.

thecodebear

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Quote from: cryptocrusher on September 27, 2018, 09:07:34 AM

Quote from: Danielosad on September 27, 2018, 08:08:47 AM

SEC is legally not required to make any verdict on the bitcoins ETFs yet, they moved the date forward till 29th Dec. The odds of its being approved remains 5-10 percent chance within the year. https://www.coindesk.com/vaneck-and-solidx-unfazed-by-the-secs-latest-bitcoin-etf-delay/.
I personally do not think we will get any verdict this year. A rejection is not a death blow to the price of bitcoin as the adoption is gradually on the increase. For now,maybe we should focus on the Bakkt futures back by physical bitcoins which is geared to kick-off in November. JP Morgan is planning something similar.

Futures backed by real bitcoin is what the market really needs. It taps in to the rich resources of large institutional investors who do not wish to go through the hassle of purchashing bitcoin themselves but it actually has a direct influence on the price unlike all of the current futures we have. It will also with that make manipulation using futures far more difficult. I would actually hope to one day see only physically backed futures but I doubt that will ever happen.

Yes in terms of futures this is the only kind that matters. Futures that aren't physically backed are for pure manipulation and betting, not investing. This will mean Wall St firms that use it will have to actually take up some of the Bitcoin supply.

amwer

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ICE Futures U.S. offers physically delivered daily futures contracts on Bitcoin traded in BTC/USD (subject to regulatory approval). These contracts will be traded on ICE’s electronic trading platform, which offers industry-leading speed and reliability, regulated by the CFTC. All trades are cleared and guaranteed by ICE Clearing US, the central counterparty for all ICE cleared forex futures trades. Trades will result in physically delivered Bitcoin in ICE’s regulated Digital Asset Warehouse. Market participants are eligible to transact with any other market participants. ICE physically delivered bitcoin futures offer trading and hedging opportunities.

1NV3ST0NM3

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Quote from: dothebeats on September 27, 2018, 08:13:30 AM

The blows against futures and ETFs have been present for the last couple of months, and amazingly, bitcoin and the economy kept a sturdy stance against it. Right now, the Bakkt Futures might not be accepted by the SEC, and knowing how the market reacts to such news, this will just be another short-term blow without any severe damage for the cryptocurrency market. It will bleed, yes, but not profusely.

https://coinidol.com/us-sec-demands-further-comments-on-cboe-verdict-on-bitcoin-etf/

Price drops after this verdict or some other reasons, can't be said with full surety.

The price rise is not really expected in near future. But you never know, for the crypto market is very volatile. And such kind of fuds have a strong bearing on this market, so cannot predict anything.

Geemy

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price stays at $ 6,000 This price is fixed over the past six months but I expect from my point of view that the price will rise to reach the end of this year to unprecedented prices

cryptocrusher

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Quote from: Danielosad on September 27, 2018, 08:08:47 AM

SEC is legally not required to make any verdict on the bitcoins ETFs yet, they moved the date forward till 29th Dec. The odds of its being approved remains 5-10 percent chance within the year. https://www.coindesk.com/vaneck-and-solidx-unfazed-by-the-secs-latest-bitcoin-etf-delay/.
I personally do not think we will get any verdict this year. A rejection is not a death blow to the price of bitcoin as the adoption is gradually on the increase. For now,maybe we should focus on the Bakkt futures back by physical bitcoins which is geared to kick-off in November. JP Morgan is planning something similar.

Futures backed by real bitcoin is what the market really needs. It taps in to the rich resources of large institutional investors who do not wish to go through the hassle of purchashing bitcoin themselves but it actually has a direct influence on the price unlike all of the current futures we have. It will also with that make manipulation using futures far more difficult. I would actually hope to one day see only physically backed futures but I doubt that will ever happen.

dothebeats

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The blows against futures and ETFs have been present for the last couple of months, and amazingly, bitcoin and the economy kept a sturdy stance against it. Right now, the Bakkt Futures might not be accepted by the SEC, and knowing how the market reacts to such news, this will just be another short-term blow without any severe damage for the cryptocurrency market. It will bleed, yes, but not profusely.

Danielosad

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SEC is legally not required to make any verdict on the bitcoins ETFs yet, they moved the date forward till 29th Dec. The odds of its being approved remains 5-10 percent chance within the year. https://www.coindesk.com/vaneck-and-solidx-unfazed-by-the-secs-latest-bitcoin-etf-delay/.
I personally do not think we will get any verdict this year. A rejection is not a death blow to the price of bitcoin as the adoption is gradually on the increase. For now,maybe we should focus on the Bakkt futures back by physical bitcoins which is geared to kick-off in November. JP Morgan is planning something similar.

CryptoHaris

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Keeping in mind the SECs verdict due in a couple of days, I really wish to understand how Bitcoin Futures stand to assuage any negative impact from the SECs decision.

Quoted from the article-

Quote

The physical crypto futures is designed to attract investment from institutional investors, who have so far stayed away from the market. Bakkt, notwithstanding, promises a “regulated ecosystem” where investors can invest in cryptocurrency product.

Reference Article- https://blockonomi.com/bakkt-bitcoin-futures/[/size]

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